Interactive brokers vs. Dukascopy
Interactive brokers
Deposit
10 EUR/USD
Spreads
1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established
1978
Currency Pairs (Total Forex pairs)
22
Country:
UK
Regulation:
Trading app:
Number of CFD asset classes:
5
Broker type:
ECN,
STP
Support:
Funding methods:
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Dukascopy
Deposit
100 EUR/USD
Spreads
1.02 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established
2004
Currency Pairs (Total Forex pairs)
64
Country:
Switzerland
Regulation:
Trading app:
Number of CFD asset classes:
6
Broker type:
ECN,
MM
Support:
Funding methods:
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
Winner of the comparison
50%
Interactive brokers
Winner
41%
Dukascopy
Comprehensive Comparison: Interactive brokers vs Dukascopy
A detailed look at two popular brokers from our portfolio
Comparison Result
Winner of this comparison: Interactive brokers with an overall rating of 50%
Interactive brokers
Min. Deposit
10
EUR/USD Spread
1
Currency Pairs
22
Year Established
1978
Dukascopy
Min. Deposit
100
EUR/USD Spread
1.02
Currency Pairs
64
Year Established
2004
Key Strengths
Interactive brokers
- Extremely low fees
- Wide range of products
- Many great research tools
- Low margin rates
- No inactivity fee and no withdrawal fee
Broker Interactive brokers boasts a long and trouble-free history. Moreover, there is no minimum deposit required, which makes it easy to start trading even with smaller amounts. The broker also allows the purchase of fractional shares.
The availability of a demo account will offer testing of strategies without the risk of losses. Another advantage is the wide range of assets available for trading.
Dukascopy
- Offers a wide range of trading instruments including Forex, metals, cryptocurrencies, CFD on indices, bonds, stocks, and binary options.
- Dukascopy provides high-quality trading platforms like JForex, MT4, suitable for both manual and automated trading.
- In addition to trading services, Dukascopy also offers banking services such as e-banking, credit cards, and currency exchange services.
Our Recommendations
Best for Beginners
Interactive brokers
Thanks to comprehensive educational materials and a user-friendly platform, Interactive brokers is an ideal choice for new traders.
Best Platform
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 22 | 64 |
| CFDs – Total Offered | 100+ | 593+ |
| Options CFD | ||
| Share CFDs | ||
| Forex CFD | ||
| Commodities CFD | ||
| ETF CFD | ||
| Indicies CFD | ||
| Cryptocurrency traded as actual | ||
| Cryptocurrency traded as CFD | ||
| Investments rating | ||
| Winner |
Cost
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1 | 1.02 |
| Deposit from | 10 | 100 |
| Account fee | ||
| Inactivity fee | ||
| Active Trader or VIP Discounts | ||
| Withdrawal fees | ||
| Deposit fees | ||
| Cost rating | ||
| Winner |
Trading app
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Desktop Platform (Windows) | ||
| Web Platform | ||
| Social Trading / Copy-Trading | ||
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Currenex | ||
| cTrader | ||
| Trading Platforms rating | ||
| Winner |
Trading Tools
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Financial leverage | ||
| Virtual Trading (Demo) | ||
| Alerts – Basic Fields | ||
| Charting – Indicators / Studies (Total) | ||
| Charting – Drawing Tools (Total) | ||
| Charting – Trade From Chart | ||
| Stop-Loss | ||
| Finacial Calendar | ||
| Daily financial news | ||
| Order Type – Trailing Stop | ||
| Trading Tools rating | ||
| Winner |
Research
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Daily Market Commentary | ||
| Forex News (Top-Tier Sources) | ||
| Weekly Webinars | ||
| Social Sentiment – Currency Pairs | ||
| Economic Calendar | ||
| Research | ||
| Research rating | ||
| Winner |
Education
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Has Education – Forex | ||
| Has Education – CFDs | ||
| Client Webinars | ||
| Videos – Advanced Trading Videos | ||
| Investor Dictionary (Glossary) | ||
| Education | ||
| Education rating | ||
| Winner |
Forex
| # | Interactive brokers | Dukascopy |
|---|---|---|
| GBP/USD | ||
| USD/JPY | ||
| EUR/USD | ||
| USD/CHF | ||
| USD/CAD | ||
| NZD/USD | ||
| AUD/USD | ||
| Major Forex Pairs rating | ||
| Winner |
Commodities
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Gold | ||
| Silver | ||
| WIT Oil | ||
| Brent Oil | ||
| Coffee | ||
| Cocoa | ||
| Soybeans | ||
| Rice | ||
| Corn | ||
| Platinum | ||
| Palladium | ||
| Commodities rating | ||
| Winner |
Indicies
| # | Interactive brokers | Dukascopy |
|---|---|---|
| DAX 40 | ||
| S&P 500 | ||
| Nasdaq | ||
| Dow Jones | ||
| Nikkei | ||
| Indices rating | ||
| Winner |
Cryptocurrencies
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Bitcoin | ||
| Litecoin | ||
| Ethereum | ||
| Ripple | ||
| Neo | ||
| Stellar | ||
| Cardano | ||
| Tron | ||
| Monero | ||
| EOS | ||
| Cryptocurrencies rating | ||
| Winner |
Regulations
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Cysec | ||
| ASIC (Australia) | ||
| FCA (UK) | ||
| Authorised in the European Union (EU) | ||
| CFTC Registered (USA) | ||
| FINMA (Switzerland) | ||
| Regulations rating | ||
| Winner |
Support
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Chat | ||
| Phone | ||
| Support rating | ||
| Winner |
Overall
| # | Interactive brokers | Dukascopy |
|---|---|---|
| Go to the full broker review | Interactive brokers | Dukascopy |
| Win / Loss % | 50% | 41% |
| Winner |
